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Search Results 0 to 49 of about 103 (some duplicates have been removed)
the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling me what those deductions and exemptions are that he's going to lower. he's been running for president for seemingly half a century and none of us know what he plans to do. i may like it, but he hasn't told me. >> the bottom line of what he's going to do, minus the specifics, he's going to lower tax rates by 20% for all income groups and get rid of the special deals and deductions that some of the big guys get. >> well, y
in obama's handling of the economy and romney. we have two jobs report left before the election. do you think -- well, what do you think the impact will be? >> i don't think there will be all that significant because if it was going to be significant in the jobs report obama would be toast. he has had 43 months in his term so far where the jobless rate is above 8%. now, and all of the time between 1948 and 2009 when obama took office in cumulative months and which the unemployment rate was above. some 39 months and 43 months in just three and a half years of his presidency. those are the staggering your numbers. yet people still say, well, he's trying really i've. lori: he wants to try to cut tax of year and a higher percentage. 75 percent individual income rate. >> it is absurd. there is no economic basis for that other than we don't think people ought to earn that much money, so we're going to take away. that is socialism at its very essence. and so you elected socialist president. voila. you're going to have socialist policy, and that is what you have. he comes out with a 75% tax rat
influential figures in the nation on the economy join us here on cnbc. >> we've got representative and hopeful ron paul with us. texas, from texas. he is of course outspoken about the federal reserve policies. robert reich is here with us tonight. also with us grover norquist. the man behind the no new taxes pledge so many republicans made. and bob lutz a former top auto executive. the auto bailout expected to be a big topic tonight. and we've got president of the aflcio. unions of course a major constituency. and roger altman. as you can see the lineup card is full. going to be great. >> absolutely. meantime our chief washington correspondent john harwood has made the trip to denver. what are you watching first tonight? >> what i'm watching for is how mitt romney takes advantage of this huge opportunity that he's got with tens of millions of americans watching these two side by side. he's behind in the polls, but not by an overwhelming margin. three points in our nbc/wall street journal poll. i talked to devine who was the campaign strategist for al gore. when gore lost the election, in the d
output at a plant as the economy slows and demand weakens. meantime 40% of china's iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy's borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. >> iran still, we're this close to nuclear -- think our unfunded labels are like 60 trillion or something. europe back in the crapper, but the refs. huh? >> i told you, i don't always like unions. i'm actually happy that the refs union won. >> it does provide a release from some of the travails and the worries of every day life. spoorts is spor
the economy likely added 155,000 private payroll jobs this month. we'll bring you the number and get you instant reaction from joel prakken. in corporate news, richard schultz is pressing forward with a possible $11 billion buyout of the retailer. schultz and at least four private equity firms have reportedly started examining the books of the economy. at the same time, he is said to be negotiating individually with the pe firms on the details of how his roughly 20% stake in the company would contribute and what role he might be playing after a buyout. and oracle ceo larry ellison says the company won't be making any major acquisitions during the next couple years. in an interview on "closing bell" yesterday, ellison said he is instead focused on growing organically. he also discussed the dividend. >> that's the decision of the oracle board of directors. i believe we'll gradually increase the dividend as opposed to dublg it or tripling it all at once. nothing dramatic. >> shares of oracle during the last year, take a look at it. 31.65. he's gotten close to the top there, joe. >> all righ
will not be looking to score a knockout tonight but will instead zero in on the president's handling of the economy. you can say that the romney game plan for tonight can be boiled down into two key phrases. do no harm and live to fight another day. just a few hours before one of the most important nights of his political life, mitt romney walked tough the debate site in denver prepped for his first one-on-one face-off with the president. campaign officials tell cnn romney's game plan tonight is to provide a clear choice, talk about his plan to create jobs and contrast that with the president's performance on the economy. and in a sign of caution, the campaign says romney won't be looking for a knockout punch. one of romney's top surrogates, florida senator marco rubio says that's the right approach. does mitt romney need to score a knockout punch? >> this is not an athletic competition. this is a debate between two money, one that is president and wants to stay there and one that wants to offer a new direction. >> reporter: all day long the romney campaign has signalled it will go after what it s
. the economy is obviously a big part of this story. the qe announcement providing a shock to stock. we'll talk to charlie evans at 8:30 eastern time. and then it is your money, your vote. we'll start the countdown to the first presidential tee batd, that is on wednesday night. we'll be turning to a pair of political strategists in the next half hour for a preview. plus a cnbc exclusive, julia boars sten catching up with sheryl sandberg. including just how many people put everything about themselves online. >> does it scare that you you've helped create a generation of oversharers? >> i think what we give is people the ability to share what they want. what is one person's ridiculous oversharing is another person's regular day and we build technology that lets users share what they want to share and that's tremendously exciting. >> julia will join us with more of that conversation coming up at 7:30. and we'll find out why craig barrett is not a facebook fan. and in sports news, yes, europe has retained the ryder cup. staging a comeback after the u.s. began sunday with a big lead. europe has won
. >> israeli leaders says sanction, hurting the iranian economy were not slowing the clock on iran's pursuit of a nuclear weapon. he warned not just israel, but the security of the entire world is at stake. >> given this record, of iranian aggression without nuclear weapons, just imagine iranian aggression with nuclear weapons. who among you would feel safe in the middle east? who would be safe in europe? who'd be safe in america? who'd be safe anywhere? >> despite prime minister netanyahu impassioned speech white house says it's not drawing red line whence it comes to military intervention in iran. i know the president couldn't find the time today to meet face to face with prime minister netanyahu, the white house says it's likely the two men will talk together tomorrow by telephone. >> bret: david lee miller at the united nations. thank you. much more on this with charles krauthammer and the panel coming up. right before rather netanyahu spoke, mahmoud abbas accused vaileisrael of ethnic cleansing. and said the palestinians will apply to the u.n. for nonmember state status. full membership
crash. we have a federal reserve that's so exasperated with its inability to get the economy moving, it's taken the unprecedented position saying it's going to stay acome date. aka, print money. we still are one more unthinkable, a slowing chinese economy. the great growth engine -- the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the dark recession. what's happened? stock market never quit, never stopped climbing. it's had a remarkable run with every sector leading the charge at one time or another. before i get into the big remonstrations for the evening. i have gotten the big picture right. the europe, the slowdown of china and the perma low growth, the united states. some income producers, growth names and stocks with solid dividend boosts and, of course, some gold. these have been the correct calls to make. i've stuck with this market because i believe europeans are not suicidal. so far so good on that front. at least of late. i believe chinese economy will simply come back by virtue of the fact there's a treme
today's economy. too many of those who are working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. and 15 million more are on food stamps. my plan will create 12 million new jobs over the next four years. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. i'm mitt romney, and i approved this message. >> i think that ad just makes my point, they're tone deaf. good morning, it's thursday, september 27th, as you take a look at a wet times square in new york city. i'm in chicago this morning, but with us in new york city with willie geist, our national affairs editor for "new york" magazine and msnbc political analyst, john heilemann. also former treasury official and "morning joe" economic analyst steve ratner and nbc news chief affairs correspondent and host of "andrea mitchell reports." >> we have affairs. >> andrea mitchell. and in washington, for "the politico playbook," executive executor jim vandehei.
work. but this is not one of those times. when the federal reserve talks about getting the economy moving by any means necessary it is really talking about getting more data like today's terrific ism number. given that the europeans and chinese are doing the same thing, if you're betting against the market you're fighting major central banks around the world that are doing their best to generate good data and sometimes their best is good enough. why does this overused cliche matter so much? ben bernanke said he's going to continue to buy bonds to keep interest rates down, so that this purchasing manager's number won't be an aberration. when you examine the fundamental of individual stocks, you are playing what's known as the micro. when you take into account the big data numbers like the purchasing manager's index, you're making a macro analysis. again though like the idea of fighting the fed this micro/macro dichotomy might mean nothing to you unless you took ec 101. let's put it in terms that everybody can understand. anyone who's been to a museum or taken an art class knows that
has obama leading romney 49-46. the economy is issue number one and whose plans are better for the middle class. to answer that we are holding our own debate right here on the kudlow report. we are joined by new jersey democratic congressman and jim gillmore to make the case for governor romney. there will be time to talk among your selves at my disgression. the first question is going to congressman big paskrel. 1.3% gdp 25 million people out of the workforce. mr. president, what is your solution to the prosperity and the recovery that continues to elude us? >> over the past 30 months we have had an increase in private sector jobs. but that is the direction we are going in. if you remember what happened before that, when the president raised his hand in january of 2009, we were losing 700 no,000 jobs a month. but the fact of the matter is we are going in the right direction now and we should keep doing that. the president supports the position on the creation of jobs and the government can't do everything but it has a responsibility. we have lost public sector jobs and we
of return. do something to get the economy to move again. i think there's a lot of compelling unions that are think abouting it circhtly. to underestimate the kind of [inaudible] >> i would say one thing to watch political any in the jersey we come from a unionized state than a lot of states in the south. the union have different power and i think one of the things that is important to watch you saw it in wisconsin and you see in other places it's a growing system between public sector and union work force which is growing and the trade and the private sector. they are different views on politics and very different views on public policy coming from both sides. i think we're at an early stage on that. i think it is something to watch as we go forward in terms of the political objectives of public sector and private sector which ultimately different subjective you will see a bit of divergence in that. >> people love to talk about it. the division between public and private sector unions. there a certain number of tenet whether you're public or private. [inaudible] what you pay for the
the fallout of the crisis threatens the u.s. economy on your 401k. amy kellogg joins us from london with more. >> reporter: it affects your 401k was the markets of course are corelated and the markets in europe are down. also the s&p derives a significance portion of its earnings from european then american companies have operations overseas that make money in europe, therefore if the economy here is in a bad way that hurts americans. there was this big strike in greece today that got violent when some black-hooded anarchists kind of took advantage of the situation, throwing gasoline bombs at police. they used a general strike and march as a vehicle to just rage against authority. over 50,000 people came out. they are processing the further cuts that are coming their way . many in greece are generally desperate now having seen their salaries drop by more than 20% already since austerity became a way of life in greece. social safety networks are not able to save people. one person at the demonstration was quoted as saying, we are bleeding, we can't take it any more. the new conservative-led co
the election. >> a president struggling with a slow economy, hoping to boost confidence in his leadership. >> i'm not fighting to create democratic and republican jobs, i'm fighting to create american jobs. >> a challenger fighting in the poll es trying to connect with average americans. after months of attacks on the campaign trial, it's time for these candidates to confront each other face to face. >> we will win this election, we will finish what we started! >> i will do better than this president has done for the american people! >> in colorado tonight, barack obama and mitt romney in their first presidential date. >> these debates are an opportunity for each of us to describe the pathway forward. >> what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing. >> two men with different vision on issues voters care about most. both of them. >> we certainly can't go far with a leader who writes off half a nation. >> he said he can't change washington from the inside. he can only change it from outside. well, we're going to give him that ch
congressional district. >> to texas politicians, each touted as the future of their parties, debated the economy, immigration, and other issues at the "texas tribune" festival in austin. julian castro is the mayor of saying antonio and was the keynote speaker at the republican convention. tedthis is one hour. >> i think you know the drill today. i hope you will enjoy as many of those as you can. if you have phones and you're agram,ing to tweet or instr we ask you to turn off your phones. please give our sponsors a hand. [applause] we will visit for about 40 minutes. when we get started, there are phones on either i'll. we ask that of that the microphone at the appropriate -- we ask that you line up at the microphone at the program time than july 31, 2012 began with the announcement that julian caster would be the keynote speaker at the democratic national convention. the footsteps of several. before mayor castro had uttered the words menudo " gulf, speculation began. -- menudo cookoff, speculation began. july 31 was a port from which the future of texas and possibly the nation was visible. mayor
and they can't do anything other than use the central government to force the economy to do x and y. and they're trying to get away from that. as they move away from it, that part of the economy clearly shows some struggles. >> short the aussie dollar, what, long the mexican peso? >> mexico is one of the big winners because they're deliberately raising wages. so low value added chinese manufacturing is nowhere near as competitive in the world as it once was. you see evidence of the u.s. getting some of it back. so mexico sort of had its breakfast, lunch and dinner the past 20 years by china appearing on the scene is probably in the early stages of regaining some of that a. so i think mexico is a big winner. southeast asia, philippines, for example. >> all right. jim, stick around. more to come from you. let's get over to asia and get a wrap of the day over there. >> thanks, ross. asian markets were mostly higher buoyed by improved data in u.s. and europe and also the rba rate cut. surprising move from the central bank helped the australian market end at a five month high. resources and banks
the president's handling of the economy and what mitt romney would do were he elected president to fix the economy. so that is basically the game plan from the romney campaign, do no harm and live to fight another day. >> it is interesting to say he's not looking for a knockout punch, that's apparently what shannon o'brien who was hoping to win that gubernatorial race in massachusetts back in 2002, that's what he said she was so good at. we're talking to her later. romney has been pretty -- he's been known to get forceful, jim, when he lets his dander up, if you will. let's look at a clip here from a debate, a year ago, this is romney, rick perry, mostly romney. roll it. >> the way the rules work here is i get 60 seconds, and you get -- and you get 30 seconds to respond, right? anderson -- would you please wait? are you just going to keep talking? >> yes. >> are you going to let me finish with what i have to say. >> remember that moment? i guess my question, having seen that back and forth, remember, you know, romney kind of getting into rick perry's face, can you be that aggressive to
this is all an anomaly if you're bullish. and the economy has a little rough patch before it accelerates again. what happens if this is the rough patch that causes companies to slam on the brakes, ahead of what is no longer a fiscal cliff but a fiscal retaining wall. when you consider that the republicans are run by the tea party and democrats don't have to change, we have gone from thinking we can jump the fiscal cliff to thinking how can we slow business spending so that the collision won't destroy us? it's not just the u.s. that's a drag. china, there's a big hate on china right now. china is big hat. no. big mao cap no cattle. the worst downturn in two months is more representative of what's happening because there is no unity between the rich and poor nations. don't they show that there's no real hope for fiscal reform in that wounded country? today's action, i heard all day it's phony. me and many portfolio managers buy stocks and move them higher to the end of the quarter to get a little gain there. the conclusion, if this were monday coming up, a new month, a new quarter, you would see
. we have one set of the economy functioning at a level where the competition is on the wrong level. it needs to be on the level of performance and outcomes. patience if i hear all the time are increasingly frustrated, even distrustful of the health care system. they have limited options and they turn to there're insurance companies and they feel like they are appealing a cell phone bill. they cannot get through. doctors are also frustrated with health care system. we have a system where 46% of doctors say they are burned out, according to a mayo clinic study of the two months ago. when doctors say they are burned out, the performance will not be as good. host: dr. makary, when it comes to accountability, i want to go back to canada to talk about his insurance bills that he received, -- back to kenneth who talked about the insurance bills that he received, etc., should there be a priceless? -- price list? guest: you should be able to find out the average cost of something even before you have paid for it. the medical center at my home town hospital said you could have a heart operat
cain had to say about the economy, but in the context of that romney ad, it only presented the words as if they were coming right out of the president's mouth and that wasn't the case. i've tried to go back to the romney campaign and say was this the ad that you corrected or removed. they just haven't gotten back to me on that. but anderson, mii mean, the rean why this is so important and crucial to the romney campaign, this line of attack on welfare and on welfare reform, what they accuse the president of doing with welfare reform, it fits into a narrative that they've been trying to say about the president for weeks now and that is that the president encourages government dependency, that he would rather see people who are dependent on government than go back into the work force and you heard mitt romney talk about that in the interview today, that he wants to get more people back to work instead of being dependent on government, and so that is why you did not see him back away from that claim today. >> lori, do you recall the romney campaign removing or correcting any ads or frank
that, we're spending money on things that aren't being productive for our economy. let these achieving students, send them the message that if you achieve you will be rewarded. the idea we're going to get any of this taxpayer money back is kind of a mirage. taxpayers never get any money back. it will move on to the next boondoggle. i think it's a good idea. >> half of property taxes go to schools to be fair. tracy, the kids issue, you can get them out of your house two years earlier. what do you make about that? >> you know what, the money issue to me is separate from the academic development issue. i don't think these kids should be rushed through school. i do think there's a reason they need these years to develop as people. when you do look at the dollars and cents, there are a lot of people that live in towns that don't even have kids in the school system. close to 50% of their taxes are going to the schools that are not spending the money properly. if you can get a kid that can take advantage of every dollar given to them, they can get through the system and take advantage, why no
with the inability to get the economy moving, it's taken the position of saying it's going to stay accommodative, meaning continuing to print money even as it looks like the economy is turning around. that's the exact opposite of a mandate to take away the punch bowl once the party gets started. now ben bernanke is going to keep it flowing for as long as it takes. we could be for three days. plus, one more unthinkable, a slowing chinese economy. the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the great recession. and what's happened? the stock market never quit. never stopped climbing, it has a remarkable run with almost every sector leading the charge at one time or another, the great rotation. and before i go into the by remistations for the evening. i told you not to waver, to stay the course, the slowdown against china, and the growth that is the united states. the diverse portfolio of high-quality stocks, income producers, and growth stocks with solid dividend boosts. and of course, some gold. these have all been the c
and leadership skills and his understanding of the economy and what's missing right now in the economy. the pieces that are missing to get this jump started. for me i think it would be the emotional part of it. [ ♪ dramatic ♪ ] >> he's not emotionally ready to handle the presidency. >> stephanie: the rom bot something has gone awry. >> i'm sorry. you know i can't do that. >> stephanie: when they try to put fake emotion into the rom bot. that was scary. >> mediaite said that is worse than george romney's whole brainwashing thing. this has torpedoed his campaign. talk about the 3:00 a.m. phone call. what? what do i do? oh! >> stephanie: somebody said last week, that's what you want the guy who's going to roll down the plane window when there is a fire to take the 3:00 a.m. call. i'm an emergency spaz. some people are good in emergencies, some people are bad. i'm an emergency spaz. i'm not the person you want to be with. i'm naturally high-strung. i will always make it worse. okay. >> what? what? what's goi
on the number one issue for most voters this year: the economy. joining us for the debate, and here with us now to preview what to expect tonight are two familiar faces syndicated columnist mark shields and "new york times" columnist david brooks. gentlemen, welcome. the night is finally here. mark, no pressure, just 60 million people will be watching. what are you looking for from tonighta encounter? >> what i'm looking for, judy, is that the-- the candidate who understands of the two that the most important thing is not making a mistake but really making a point as to what his presidency would be about. i think both of them are geared because so much has been-- attention has been directed to gaffes in the past that affected or influenced, shamed the outcome, that impression. it's a magic moment. with no pundits, no prism of edtorm columnists, 60 million individuals sit down in a comparative situation, they make their own assessment. and i think it's a marvelous public exercise. >> woodruff: a magic moment, david? >> we'll see. it is the biggest night of the election. usually the debates have
rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> finally mitt romney's got something good to feel good about. i'm talking about unemployment. specifically, what we heard from paychex, the second largest pay rolling company in america. especially hiring small businesses, which irks main clients. last night we got results from paykhex and many considered it disappointing. now, i think paychex is a well-run business. while the company is facing a tough environment, the quarter wasn't terrible by any stretch of the imagination. it beat it by a penny on a 40 cents basis and 2% year over year. last time i thought that was t
on about 75% of her views at least on how the economy and the financial industry should -- >> which is exactly why, of course, i like her. >> exactly, i like her a lot too. i want to be clear about that. >> the irony here is if you listen to her, draw her out, she is far to the left of where most voters are in that state. it's sort of interesting -- >> on what issue? i think she's to the left of howard dean. >> come on now. >> no, seriously, what is she? i think people have had it up to here with wall street and with consumer protection and those are her strong issues. so where is she -- >> she's fine on consumer protection, but she would break up the banks -- >> so would i. >> okay. fine. >> they're too big to fail. they're not capitalist institutions anymore. they're too big to fail. >> we can all go over to cnbc and have this debate. i'm not sure that the average massachusetts voter would want to rally restructure the financial system the extent she would. and i don't think she's going to get a lot of votes there. >> wasn't elizabeth warren fantastic? >> she was good. he had that
economy needs to be reinvigorated. >> but not all the numbers paint a gloomy picture. the labor department announced it undercounted nearly 400,000 jobs in 2011 meaning that 4.4 million jobs have been created since the president's inauguration. slightly more than the number lost in that same period. but the president said there's still measuring work to do. >> we're not where we need to be. not yet. we've got a lot more folks who have to get back to work. we've got a lot more work to do to make the middle class secure again. but the question is, who's plan is better for you? >> an obama win in republican-leaning virginia could deal romney a crushing blow. the president won here four years ago becoming the first democrat to do so since lyndon johnson. but in the state the military vote is not the only game in town. football fans are everywhere. so it's no surprise a reporter asked romney about the deal to end the dispute between the nfl and its referees. a question romney appeared to fumble. >> what do you think about the nfl refs? >> i sure hope they do. >> well, the refs will be back and
elsewhere. he was not focused enough on the economy. his attention had been on things like a government takeover of health care and apologizing for america abroad." in our fact check that day, we quoted what obama had said in overseas trips, including an assertion that at times the u.s. had acted contrary to its own ideals or had been selective in where it sought to promote democracy. it had sometimes shown an arrogance toward allies. we pointed out that when he made those kinds of statements that suggested the u.s. is not completely above reproach, he usually balance it with praise for things the country had done right. all that -- that is in a long tradition of presidents acknowledging past imperfections. these cannot by any normal dictionaries amount to apologies. either formal or informal. again, last month, when romney accepted his party's nomination, he repeated the assertion that obama had begun his presidency with an apology tour, and obama had confessed the u.s. had "dictated to other nations." that fact check story went into greater detail, pointing out that obama's trips to e
at a military acted any many pennsylvania romney hammered away at the president over the economy. >> i have to tell you that i don't know how a single person who goes to this institution could consider voting for the incumbent for president. i say that for this reason. if they want to go in the military, why, he is planning on cutting our military by about $1 trillion over the next decade. if they want to go on to either get a job directly or go on to a four-year college and come out with a gee, you know that 50% of kids coming out of college today can't find a job or a college level job. on both fronts, this president's policies have not worked for the young people of america. >> their first debate happens on wednesday. the romney team is downplaying expectations. romney advisor beth myers distributes this memo explaining why the president is probably going to do better. she says that president obama is one of the most talented political communicateors in modern history. this will be his eighth one-on-one presidential debate and romney's first. the president will use his ample rhetorical g
Search Results 0 to 49 of about 103 (some duplicates have been removed)

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